SMR.NYSENuscale Power CORP

Form 4: NuScale Power CEO Acquires 49,020 Shares of Class A Common Stock

Sentiment:

SEC Form 4 Filing

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NuScale Power Corp CEO John Lawrence Hopkins acquired 49,020 shares of Class A Common Stock on May 2, 2024, through the vesting of restricted stock units.

Summary

  • On May 2, 2024, John Lawrence Hopkins, CEO of NuScale Power Corp, acquired 49,020 shares of Class A Common Stock.
  • This acquisition resulted from the vesting of restricted stock units.
  • Following the transaction, Hopkins directly owns 49,020 shares of Class A Common Stock.
  • The restricted stock units were granted on July 8, 2022, and vest in three annual installments starting May 2, 2023.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The CEO acquiring shares is generally a positive sign, but it's part of a pre-existing plan.

Positives

  • The CEO's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the holdings of key company personnel.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it demonstrates the CEO's alignment with shareholder interests.

Key Dates

DateDescription
07/08/2022Reporting person was granted 147,059 restricted stock units.
05/02/2023First vesting date of restricted stock units.
05/02/2024Transaction date: Acquisition of 49,020 shares of Class A Common Stock through vesting of restricted stock units.
05/06/2024Date of Form 4 signature.

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